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Sep 29, 2012 9:30am EDT
next year and $100 billion cut to medicare and employment benefits and things people use. will the middle class be the biggest loser if we go off the fiscal cliff? >> america will be the biggest loser if we go off that cliff. i hope, as does everybody else, after this political season gets out of the way, the lame duck congress will come to some kind of agreement and conclusion to prevent that. all this lamenting and crying over the loss of the middle class in america. we have to put that in context. the definition of what middle class america means has changed over the last 20th century, farmers who moved into industrial jobs. we don't lament the guys that stood in front of blast furnaces we saw in our old high school videos making steel. technology and growth changed things. we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> th
Oct 6, 2012 6:30am PDT
everybody. we want tax cuts. we want medicare part "d." we want an expansion of safety net programs and then this is what happens. there's no one in the middle to figure out how to pay for all this stuff the middle has been getting. >> and that's really honestly what this election is about. i think one of the things that i found fascinating, although i didn't think they quite got there, is when the two candidates were asked about the role of government, because that's what elections are always about, it seems to me. i mean, yes, you know, it's about turning out your base and about this or that, but it is mostly about what do you think the role of government is? should the government, for instance, be helping people buy homes through the deduction that we can take on interest rates on the home loan? that's a legitimate argument. is that really the role of government? and if so, somebody has to pay for it, but i don't think we have yet gotten down to the basics of that. what do you want your government to do because in the end, most everybody wants their government to do whatever it is th
Search Results 0 to 3 of about 4 (some duplicates have been removed)